The Tesla stock is really interesting. It has dropped yes, but the value it lost is basically only what it gained from Elon Musk supporting Trump from October and until earlier this month. The value removed, while large, was only because the market apparently expected Tesla to benefit from the Musk-Trump relationship, when that turned out to be a fluke the added value was swiftly removed and the stock price returned to it's original trajectory.
It's almost as if recalls, slowing sales and damage to the brand doesn't affect it all. The conspiracy nut in me believe that someone is artificially keeping the price high.
It's almost as if recalls, slowing sales and damage to the brand doesn't affect it all. The conspiracy nut in me believe that someone is artificially keeping the price high.